Stock Market Today With IBD
Investor's Business Daily
A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.
Episodes
Mentioned books
Nov 7, 2023 • 18min
Market Extends Win Streak, Software Leads; Datadog, MongoDB, Uber In Focus
Indexes took a pause on Monday but held on the gains of last week despite a boost in the 10-year Treasury yield. As for stocks, Dell broke out of a double bottom while Eli Lilly bounced strongly from its 50-day moving average line. XPO retook an old double-bottom breakout early last week and has slowly been adding to the gains. Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 6, 2023 • 13min
Indexes Digest Gains, Why That’s A Good Thing: Dell, Eli Lilly, XPO In Focus
Discussion on recent stock market performance and the breakout of Dell. Analysis of technical setups and performance of Eli Lilly and XPO. Emphasis on the importance of relative strength in a weak market and analyzing support at the 10-week moving average.
Nov 3, 2023 • 24min
Indexes Retake 50-Day To Cap Huge Week; DraftKings, Zscaler, Nvidia In Focus
The stock market had a huge week with major indexes retaking their 50-day lines. DraftKings surged on earnings and Zscaler showed a bullish rebound. The impact of treasury yields on the market is discussed, along with trading patterns and upcoming events.
Nov 2, 2023 • 21min
Indexes Continue Piling On Gains; Uber, Pulte Group, Ferrari Break Downtrends
The market had a nice follow-up to the change in outlook Wednesday. Indexes saw broad gains with lots of participation. A number of stocks broke downtrends including Uber, Pulte Group, and Ferrari. Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 1, 2023 • 19min
Market Rallies After Fed Meeting; Microsoft, Meta Platforms, Amazon Flash Buy Signals
The market rallied gained steam in higher volume as Fed chief Jerome Powell signaled no more rate hikes. Tech titans Microsoft, Meta Platforms and Amazon flashed buy signals. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 31, 2023 • 13min
Indexes Reverse Higher With Fed Due; Arista Networks, Cameco, ELF Beauty In Focus
Indexes traded lower Tuesday morning, but reversed modestly higher, with the Nasdaq moving above the 200-day line. It’s still not a confirmed rally, with the Fed meeting announcement due Wednesday. Arista Networks and Cameco gapped up on earnings, while ELF Beauty plunged ahead of its results. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 30, 2023 • 19min
Indexes Start The Week Strong, But Will It Last? Meta, Ollie’s, FTAI In Focus
Indexes started strong but started to look shaky shortly after the open. Still the recovery throughout the day didn’t necessarily breach intraday highs but closed on a better note. A number of stocks that were trading below their 50-day lines have now moved up above them including Meta Platforms and Ollie’s Bargain Outlet. Meanwhile, over in aerospace and defense, a strong relative strength line is leading FTAI Aviation into new highs. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 27, 2023 • 18min
Stocks Suffer Sharp Weekly Losses; Microsoft, UnitedHealth, Weatherford In Focus
The major indexes fell this week to multimonth lows, while the Russell 2000 hit its worst level since 2020. Microsoft, UnitedHealth and Weatherford are three stocks holding up relatively well with earnings out of the way. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 26, 2023 • 20min
Indexes Worsen As Leaders Fall; Walmart, TechnipFMC, Arista Networks In Focus
The S&P 500 and Nasdaq composite fell further as earnings season puts another level of pressure on indexes. Walmart is holding up though as it carves out a shallow base. TechnipFMC got a boost from its latest earnings but was already resisting the downtrend while Arista Networks reacted negatively to Meta earnings showing how quickly stocks that are holding up can change. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 25, 2023 • 20min
S&P 500, Nasdaq Break Below Recent Lows; Google, Vertiv, CME In Focus
The S&P 500 and Nasdaq composite fell sharply, undercutting their recent lows, ending their short-lived rally attempts. Treasury yields ran up while big earnings were mixed at best. Google plunged on weak cloud results. Vertiv whipsawed lower on its mixed results, while CME rebounded from steep early losses. Learn more about your ad choices. Visit megaphone.fm/adchoices
